Renew Financial has Invested USD 421 Mn in California Residential Solar Updated On Wed, Mar 11th, 2020 by Saurenergy Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar PV systems to their properties. Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar photovoltaic systems to their properties. Through the Property Assessed Clean […] Read more
ITI Limited Tenders for Procurement of Solar Power Under Open Access Model Updated On Wed, Mar 11th, 2020 by Saurenergy ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […] Read more
REIL Tenders for 3.6 MW Rooftop Solar Projects in Bhopal Updated On Wed, Mar 11th, 2020 by Saurenergy REIL has issued a tender for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal Rajasthan Electronics & Instruments Limited (REIL) has issued a tender, inviting bids from interested bidders for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal (Madhya Pradesh). The scope of work for the selected […] Read more
Goldman Sachs Forms JV to Develop Distributed Solar Projects Updated On Wed, Mar 11th, 2020 by Saurenergy US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […] Read more
CDPQ Increases Stake, now Majority Stakeholder in Azure Power Updated On Wed, Mar 11th, 2020 by Saurenergy Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […] Read more
Canadian Solar Signs PPA for 103 MW Solar Project in Mexico Updated On Wed, Mar 11th, 2020 by Saurenergy Canadian Solar has signed a PPA contract with Techgen to finance and build a 103 MW solar power project located in Zacatecas State, Mexico. Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a Power Purchase Agreement (PPA) contract with Techgen, an affiliate of Ternium and Tenaris. The PPA […] Read more
GUVNL 500 MW Solar Tender Attracts Only 3 Bids Worth 430 MW Updated On Wed, Mar 11th, 2020 by Saurenergy GUVNL has revealed all the technically qualified bidders for its 500 MW solar PV power projects tender. Receiving only 3 bids worth 430 MW. The Gujarat Urja Vikas Nigam Limited (GUVNL) has revealed all the technically qualified bidders who will now participate in the price bids stage and e-reverse auction for the tender for the […] Read more
Renewable Energy Auctions-Status and Trends Beyond Price Updated On Mon, Mar 9th, 2020 by Saurenergy This recent report from IRENA (International Renewable Energy Agency) looks at the global shift to auctions, when it comes to renewable energy. From lower price discovery to better tracking of project timelines, auctions have been designed to achieve multiple objectives. 111 GW was auctioned off in the period 2017-18. The report details the many benefits, […] Read more
Rs 22,000 per kW Solar Rooftop in Punjab. Reality Bites Updated On Mon, Mar 9th, 2020 by Saurenergy Rs 22,200 per kW. Yes, that was the final rate arrived at after a call for grid-connected solar rooftop bidding from vendors looking to get empaneled with the Punjab State Power Corporation Limited (PSPCL). This was after the L1 rate of Rs 37,000 received for 1 kWp – 10 kW category. After the 40 percent […] Read more
